SECZ shares begin trading on NYSE with $266 million tokenized on blockchain networks, marking the largest tokenized stock issuance.
Shares of Securitize (SECZ) rose over 8% in their New York Stock Exchange debut, trading at $12.75. The firm, backed by BlackRock, went public via a merger with a Cantor Fitzgerald-sponsored SPAC.
Securitize also launched $266 million worth of tokenized shares on Solana and Avalanche, calling it the largest tokenized stock issuance globally. The move reflects the firm’s push to integrate traditional equities with blockchain infrastructure.
The tokenized shares are issuer-sponsored and regulated, representing the same common stock traded on the NYSE. Executives framed the launch as validation for on-chain capital markets.